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VAT ‘outlier’ status in up to 25% marina fall
Marinas are warning the “hesitancy” of foreign yacht charters to consider The Bahamas because of its status as a VAT “outlier” has caused a 20-25 percent business drop-off for some properties.
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Gov’t on deficit track even if 2024 ‘slides’
The Government’s prior year performance gives confidence that it remains on track to eliminate the fiscal deficit even if 2023-2024 “slides” from its original targets, a governance reformer said last night.
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Govt seeking a new partner for Nazareth Centre
THE Catholic Church’s partnership with the government to run the Nazareth Centre will end this month, according to State Minister in the Office of the Prime Minister Myles Laroda.
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Breyias Dean emerges as the ‘Home Run King’
A year ago, Breyias Dean was walking around in awe as the stars came out to perform in the Don’t Blink Home Run Derby in Paradise on Montagu Bay. On Saturday, the Miami Marlins’ minor league affiliate rookie had the stars watching him.
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‘Buddy’ Hield and Pacers fall to Lakers
CHAVANO “Buddy” Hield, who was linked to trade rumours with the Los Angeles Lakers, watched as LeBron James and Anthony Davis put on a show to dismantle his Indiana Pacers to claim the first National Basketball Association’s In-Season Tournament title.
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Dock construction starts to pave way for $50m resort
WORK has begun on a $1.5m cargo shipping dock that will pave the way for construction of a resort development in the Exuma cays.
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Pipe maker to hire 90 for $1m plant build-out
A NEWLY-created PVC pipe manufacturer has pledged to hire more than 90 persons for the construction of its $1m Grand Bahama plant that is due to be completed by September 2024.
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Minister says sorry for Junkanoo ticket difficulty
YOUTH, Sports and Culture Minister Mario Bowleg apologised to those who could not get premium tickets for the upcoming Boxing Day parade because of limited seating on Bay Street.
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PM: Renewable plan clear strategy
PRIME Minister Philip “Brave” Davis said the government’s plan to develop renewable energy on Family Islands is a “clear economic strategy” to give Bahamians affordable power.
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Gov’t wage bill’s $68m jump ‘not annual norm’
The Ministry of Finance's top official last night said the $68m year-over-year increase in compensation for government employees during the 2022-2023 fiscal year is "not an annual norm".
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Promotion Board president urges 30% stopover focus
The Bahamas Out Island Promotions Board president yesterday urged the nation to near-double the proportion of stopover visitors that make up its tourism base to 30 percent.
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Yacht broker alarm on 'dismal' winter charters
Bahamian yacht brokers yesterday warned charter bookings for the peak winter season are "dismal" with the sector "almost at a standstill" due to VAT's imposition and lack of clarity on how it works.
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Coroner’s Court jury rules police justified in shooting Ishido Saunders
A CORONER’s Court jury ruled that police were justified in killing Ishido Saunders, an ex-con who demanded $3,000 to start a new life moments before he was shot on Antigua Street on April 28, 2022.
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Migration down overall - but rise in those headed to the US
ROYAL Bahamas Defence Force (RBDF) Commodore Raymond King said the northern Bahamas has seen a 90 per cent increase in migration to the United States.
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STATESIDE: The mixed legacy of Henry Kissinger
HENRY Kissinger died a week ago. He was 100 years old. Major newspapers such as the New York Times and the Washington Post devoted several full pages to accounts of his life and many accomplishments.
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A Legendary beginning
A GROUNDBREAKING ceremony was held yesterday for the Legendary Marina Resort at Blue Water Cay, a project expected to employ more than 200 qualified Bahamians, according to Prime Minister Philip “Brave” Davis.
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Out Islands 115MW bid launch ‘fantastic’
Abaco’s Chamber of Commerce president yesterday hailed the launch of a bidding process for Out Island microgrid, renewable and clean fuel generation as “fantastic”, adding: “I can’t wait for it to start.”
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Saunders demanded $3,000 to start a new life – moments before he was shot dead
A BISHOP testified yesterday that Ishido Saunders showed up to the Golden Gates Assembly Church in 2022 and demanded $3,000 from him to start a new life before police fatally shot him.
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Comedian cleared over sex video accusations
COMEDIAN Khing Kloud was acquitted yesterday of voyeurism and intentional libel after his accuser failed to show up for trial, ending what he said was an emotionally distressing saga that diminished his career and robbed him of economic opportunities.
